Its sales grew by 30% in the first quarter of 2020, hitting $33.2 million. What are some of the best BigCommerce stores around? The reason why so many DTC brands still use Shopify is because they haven’t grown to the point where they require a more unique e-commerce setup. Shopify doesn’t break out how many DTC brands use its platform, but its dominance is clear based on the numbers. Now, players like Shopify have grown because they focused on smaller digital brands and grew up with them. Thus there’s a mad dash to become the dominant platform. This is a popular roadmap for the big players, including Adobe and Salesforce. Meanwhile, BigCommerce reported a net loss of $42.6 million in 2019. For a decade, Shopify has been slowly growing, describing itself as a quiet no-nonsense back-end tool to help merchants grow their businesses. Correction: An earlier version of this article mistakenly reported BigCommerce’s 2020 first quarter losses to be $3 million. And two, that it's a great time to raise venture capital funding as a consumer startup, as more investors are finally waking up to the fact that there's a huge opportunity for these companies as more people do more shopping online. Recognizing the next generation of leaders across media and marketing, fashion, beauty and retail. Shopify has been slowly building out its international presence, saying that it’s now in around 175 countries. Mentioning DTCs is an interesting move, specifically because that’s one area where BigCommerce has potentially fallen short. Shopify, this past quarter, recorded a loss of $31.4 million. Its sales grew by 30% in the first quarter of 2020, hitting $33.2 million. Solutions For Wholesalers. “The traditional e-commerce players were comfortable being in the background,” said Web Smith, founder of 2pm Inc. “That’s how Adobe and Salesforce did business for so long.” Which is to say: for over a decade, the going SaaS strategy was to sell yourself as an invisible platform and not a brand. Affirm just went public this week and if its Wall Street debut is any indication, it’s got some staying power. The company also nodded to the DTC brands and their recent rise. TikTokers are building Amazon product recommendation empires, The Airbnb of retail: Why DTC furniture startup Outer uses customer homes as showrooms, How Bed Bath & Beyond has revamped its digital operations during the pandemic, With Marc Lore, Walmart went from a nascent to aggressive e-commerce player, How the fortunes of DTC startups and buy now pay later apps are intertwined, Despite hungry VCs, DTC brands are rethinking their fundraising approach. Our commerce tool plugs into your experience, enabling sleek checkout for customers and security peace of mind for your business. When a brand might have to start to consider a Shopify alternative, said Cassidy, is “when you start getting into a more complex business.” And ultimately, many of today’s DTC startups haven’t gotten there yet. (Shopify’s enterprise product, Shopify Plus does offer more customization at checkout, he said). Alcohol delivery platforms continue to acquire customers, especially as millions of Americans face a … Agencies say that Shopify’s dominance comes down to a few factors. “In comparison, as of January 7, 2020 BuiltWith estimated that approximately 58% of ecommerce websites are outside of the United States.” The take-home here is that the platform that is able to grow international at a faster clip will likely have a clear competitive advantage. Posted on December 7, 2020. 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